Web Connected Medical Devices Market Definition
The web-connected medical devices enable are capable of transmitting the vital sign data from patients to the hospital staff anywhere. The web connection in medical devices offers real-time data monitoring of patients' health allowing easy and smooth operations like timely medicines dosage, recovery reports, etc. With the growing number of chronic diseases and prevailing COVID-19 worldwide, there is a need to have technologically advanced medical devices in hospitals worldwide. As they can provide some relief in patients' timely treatment and at the same time allowing hospital staff to perform check on other patients as well. However, with the increase in the number of patients the medical device shortage is growing
The market study is broken down by Type (Patient Monitoring Devices, ECG, Dialysis Machines, Defibrillators, Ventilators, Imaging Systems and Others), by Application (Hospitals, Ambulatory Surgical Centers, Specialty Clinics and Home Care Settings) and major geographies with country level splits.
Philips Healthcare (Netherlands), GE Healthcare (United States), St. Jude Medical, Inc. (United States), Hoffmann-La Roche Ltd (Switzerland), Dragerwerk AG & Co. KGaA (Germany), NuvoAir AB (Sweden), Omron Corporation (Japan), Smiths Group plc (United Kingdom), Aerotel Medical Systems (Israel), Proteus Digital Health, Inc (United States) and Hill-Rom Holdings, Inc. (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Web Connected Medical Devices market by Type, Application and Region.
On the basis of geography, the market of Web Connected Medical Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Connectivity, the sub-segment i.e. BLE will boost the Web Connected Medical Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Modality, the sub-segment i.e. Wearable Web Connected Medical Devices will boost the Web Connected Medical Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
"At the EU level, the cybersecurity of medical devices or to operators dealing with protecting or processing of personal data stored in medical devices and might apply in parallel to the Medical Devices Regulations. The cooperation among all the Member States, by setting up a cooperation group, in order to support and facilitate strategic cooperation and the exchange of information among the Member States. They will also need to set a CSIRT Network, in order to promote swift and effective operational cooperation on specific cybersecurity incidents and sharing information about risks."
- The Adoption of Internet of Things in Web Connected Medical Devices
- Cloud-based Web Connected Medical Devices which can be Operated Remotely
- Rising Number of Patients in Prevailing COVID-19 Worldwide who needs Technologically Advanced Treatment
- Growing Technological Advancement in Every Domain
- Research and Development in Web Connected Medical Devices
- The Issues with Bluetooth Low Energy Vulnerability Affecting Web Connected Medical Devices
- Scarcity of Web Connected Medical Devices Due to Excess Number of Patients
- Huge Investment Cost in Web Connected Medical Devices
- Cybersecurity Related Concerns with Web Connected Medical Devices
Key Target AudienceWeb Connected Medical Devices Manufacturers, Web Connected Medical Devices International Traders, Web Connected Medical Devices Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Hospitals and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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